FINE ORGANIC INDUSTRIES
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The Current P/S Ratio of FINE ORGANIC INDUSTRIES is 6.11.
Share Price | ₹4,325.9 | Apr 23,2024 |
Market Cap | ₹13,280.4 Cr | |
Sales-TTM | ₹2,172.7 Cr | TTM-Consolidated Results |
Price/Sales | 6.11x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of FINE ORGANIC INDUSTRIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹13,280.4 Cr] as on Apr 23,2024
(/) Sales [ ₹2,172.7 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 6.11x ]
Thus, for FINE ORGANIC INDUSTRIES , the investors are currently willing to pay '6.11 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of FINE ORGANIC INDUSTRIES !
The chart below summarizes the trend in P/S Ratio of FINE ORGANIC INDUSTRIES over the last five years.
Historical PS (Price/Sales) ratio chart of FINE ORGANIC INDUSTRIES
PS Ratio Performance Analysis for FINE ORGANIC INDUSTRIES
- FINE ORGANIC INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.26x.
- FINE ORGANIC INDUSTRIES 's operated at median p/e ratio of 5.62x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FINE ORGANIC INDUSTRIES 's p/e ratio peaked in Mar2022 at 6.56x.
- FINE ORGANIC INDUSTRIES 's p/e ratio hit its five-year low in Mar2019 of 3.58x.
How does FINE ORGANIC INDUSTRIES 's P/S Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
FINE ORGANIC INDUSTRIES | 2,172.7 | 6.11 | 13,280.4 |
PIDILITE INDUSTRIES LTD | 12,170.4 | 12.19 | 148,313.0 |
SOLAR INDUSTRIES INDIA LTD | 6,387.4 | 12.24 | 78,203.8 |
SRF LTD | 13,346.9 | 5.81 | 77,574.4 |
GUJARAT FLUOROCHEMICALS LTD | 4,619.2 | 8.85 | 40,874.1 |
DEEPAK NITRITE LTD | 7,517.0 | 4.30 | 32,323.8 |
TATA CHEMICALS LTD | 16,353.0 | 1.74 | 28,397.7 |
GODREJ INDUSTRIES LTD | 16,885.5 | 1.70 | 28,785.4 |
AARTI INDUSTRIES LTD | 6,256.0 | 4.29 | 26,841.6 |
ATUL LTD | 4,708.7 | 3.71 | 17,449.7 |
VINATI ORGANICS LTD | 1,830.6 | 9.38 | 17,169.6 |
Chemicals Industry Benchmark (Top 10) PS Analysis vs FINE ORGANIC INDUSTRIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 1.70x |
Max industry PS | 12.24x |
Median industry PS | 5.81x |
Average industry PS | 6.39x |
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